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20121201
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? i will talk about the bricks in a minute. i am talking about south america, eastern europe, parts of asia. why do i love this story? it is basic macroeconomics. the key ingredients that drive growth. we know the story of debt, deficit, fiscal cliff. we know that the story of the aging population and financing, if you look at the statistics are round or they measure the performance in mathematics, science, and reading, you can see where the problem is. today, they were in the number 27, 28, and so on. productivity generally is the x factor that accommodates for 60% of why one country grows and another does not. generally, it includes things like political dynamic, so we know what is happening there. that is not my prediction. look at this framework, capital, labor, productivity. you will see why i am incredibly bullish. in terms of capital, these economies by a large did not have the debt burden that other countries are facing right now. why is that important? these countries are not suffering from a deal leveraging problem. 60%-70% is under the age of 25. in you got there, over 50
. we have a great group who truly understands we are here to represent the great state of south carolina and the citizens of america, and i thank them all for their friendship. finally, i'd like to thank all of my colleagues here in the house. we may not always agree on things, but we are here for a reason, to try and make this nation better. as i prepare to move to the united states senate, it is that belief that makes me incredibly optimistic about our future. the battles of today will in the future be seen as a positive turning point for our nation where we got our fiscal house back in order and revitalized the american dream for our children and our grandchildren. i look forward to continuing to serve the res. dents -- residents of south carolina, some of the most passionate people in our nation, and i will never forget my time here in the people's house where we worked every single day to build a brighter future for our nation. thank you. the speaker pro tempore: pursuant to clause 12-a of rule 1, the chair declares the house in recess until 10:00 a.m. you and also on our w
to uniformerly provide lifetime secret service protection to all of america's former presidents. i want to thank the gentleman from south carolina, mr. gowdy, and the gentleman from virginia, mr. scott, for sponsoring this commonsense bipartisan legislation. america has a responsibility to protect its presidents and its families and not simply while they serve in office. we also have a duty to ensure the ongoing safety of those who serve in america's highest elected office after they leave office. in 1958 congress first authorized secret service protection for former presidents, which was limited to a reasonable period of time after a president leaves office. congress expanded this to lifetime protection in 1965. but in 1994, congress once again limited secret service protection for former presidents. this time to 10 years after a president leaves office. this 10-year restriction applied to presidents who took office after january 1, 1997. the role of the former president has changed throughout the years. former presidents now have a global presence and are often seen as de facto representatives
Search Results 0 to 2 of about 3